Providence Village is a somewhat small town located in the state of Texas. With a population of 9,154 people and two associated neighborhoods, Providence Village is the 296th largest community in Texas. There's nothing like the smell of a brand new house, and in Providence Village, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Providence Village, and putting down their money on brand new construction. Providence Village’s real estate is, on average, some of the newest in the nation. Providence Village does seem to be experiencing an influx of affluent people, because the median household income is $101,654.00.
Providence Village real estate is some of the most expensive in Texas, although Providence Village house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Providence Village has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 18.25% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Providence Village is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Providence Village really has some of the features that families look for when choosing a good community to raise children. Is Providence Village perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
One downside of living in Providence Village is that it can take a long time to commute to work. In Providence Village, the average commute to work is 41.32 minutes, which is quite a bit higher than the national average.
Providence Village is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
Providence Village is one of the most well-educated cities in the nation. 40.28% of adults in Providence Village have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Providence Village in 2022 was $34,994, which is upper middle income relative to Texas, and middle income relative to the rest of the US. This equates to an annual income of $139,976 for a family of four. However, Providence Village contains both very wealthy and poor people as well.
Providence Village is an extremely ethnically-diverse town. The people who call Providence Village home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Providence Village residents report their race to be White, followed by Black or African-American. Providence Village also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 17.46% of the town’s residents. Important ancestries of people in Providence Village include German, Irish, English, French, and Italian.
The most common language spoken in Providence Village is English. Other important languages spoken here include Spanish and West Germanic languages.